Bioplastics Market Demand, Size, Share, Scope & Forecast To 2027
- elizabethsanchez28
- Nov 2, 2021
- 3 min read
A few benefits of bioplastics comprise reduced carbon footprint, reduced consumption of non-renewable sources, savings in energy during production, decrease in non-biodegradable waste responsible for environmental pollution, and absence of any chemical that may pose a health hazard and hence are suitable for food packaging by keeping the flavor and smell intact.
The report offers an accurate estimation of the market value, size, and revenue share in the post-COVID-19 scenario, alongside encapsulating the present and future effects of the pandemic. The report further details the key points of the Bioplastics market, including the latest market standards, regulations, and policy changes imposed by the government for the upcoming years. The report also involves the application of several advanced analytical tools, such as SWOT analysis and Porter’s Five Forces analysis, to pinpoint the current growth trends and operating patterns of the players.
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Key Highlights From The Report
- In February 2018, Teijin Ltd. made an announcement about the development of a formable film, which is resistant to gasoline and produced from PLA NEXT® bioplastic to substitute chrome plating, adopted by Honda Lock Mfg. Co., Ltd. for use in the nonconductive door handles having smart-entry systems. 
- Non-biodegradable bioplastics contributed to a larger market share of around 60.0% in 2019, owing to its widespread usage attributed to its low cost, durability, and versatility. Polylactic acid (PLA) is the most widely used non-biodegradable bioplastic. 
- Polyethylene Furanoate (PEF), a biodegradable bioplastic, is currently under development and is estimated to be commercially available by 2023. 
Leading Players Profiled in the Report:
BASF SE, NatureWorks, Biome Plastics, Braskem, Biotec, Total Corbion, Plantic Technologies, Mitsubishi Chemical Holdings Corporation, Novamont SPA, and Toray Industries, among others.
Market Segmentation:
The report categorizes the market into different key segments based on types and applications, along with key regional segmentation. The report offers insights into the segment expected to garner traction during the forecast period, and the region expected to dominate the market in the coming years.
- Type Outlook (Revenue, USD Billion; 2017-2027) - Biodegradable - Polybutylene Adipate Terephthalate (PBAT) 
- Polybutylene Succinate (PBS) 
- Polylactic Acid (PLA) 
- Polyhydroxyalkanoate (PHA) 
- Starch Blends 
- Others 
 
 
- Non-Biodegradable - Polyethylene (PE) 
- Polyamide (PA) 
- Polyethylene Terephthalate (PET) 
- Polytrimethylene Terephthalate (PTT) 
- Polypropylene (PP) 
- Others 
 
 
- Distribution Channel Outlook (Revenue, USD Billion; 2017-2027) - Online 
- Offline 
 
- Application Outlook (Revenue, USD Billion; 2017-2027) - Packaging 
- Textile 
- Automotive & Transportation 
- Consumer Goods 
- Agriculture 
- Building & Construction 
- Others 
 
Regional Bifurcation:
- North America 
- Latin America 
- Europe 
- Asia Pacific 
- Middle East & Africa 
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Focal Points of the Global Bioplastics Market Report:
- Market Coverage: This section of the report covers significant details on the key manufacturers, vital market segments, product innovation scope, and the forecast years. Additionally, it describes in detail the range of the product and the global Bioplasticsmarket segmentation based on product type and application spectrum. 
- Executive Summary: In this chapter, the global market growth rate, competitive landscape, drivers and constraints, trends, limitations, and the key market segments have been discussed at length. 
- Regional Analysis: The report offers meaningful insights into the import and export trends, production and consumption capacities, estimated revenue share, and key players of each region dominating the market 
- Competitive Landscape: The report also discusses the course of development of each market player in this industry vertical during the forecast period. It further details on the firms, industries, organizations, vendors, and local manufacturers engaged in this industry. The leading products and services to gain global and regional market shares form the competitive landscape of the Bioplastics industry. 
- Manufacturers’ portfolios: This section includes detailed information regarding the product portfolio of each local and global manufacturer, their strengths and weaknesses, product profiles, production value and capacity, and other vital information. 
Global Bioplastics Market Report - Table of Contents:
Chapter 1. Market Definition and Scope
Chapter 2.Executive Summary
Chapter 3.Research Methodology
Chapter 4. Market Dynamics
Chapter 5.Regional Analysis
Chapter 6.Product Segmentation
Chapter 7.Application Spectrum
Chapter 8. End-user Landscape
Chapter 9.Competitive Landscape
Chapter 10. Appendix
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